Exchange Rates - An opportune time to buy!
Since the beginning of this year, the US Dollar has been strengthening against the Baht. Back in January, the Baht was trading at 32 THB / USD. Fast forward to current rates which now stand at 36.2 THB / $1 USD. For Buyers looking to bring in foreign currency to buy a property here, that equates to an 13.25% saving. On a property worth 15m THB, that's a huge saving of 2m THB! Making it an opportune moment to buy.
Author:
Patrick Lusted
